Grab’s Series H round tops $3b with latest investment from Tokyo Century


Tokyo Century has now invested a total of $175 million into Grab.

SG-based AI startup X0PA acquires recruitment firm Nastrac Group

HR and recruitment-focused X0PA Ai will acquire 100 per cent of hiring firm Nastrac Group in a share swap deal.

SG’s IoT startup Overdrive raises $2.9m Series A funding from Tin Men Capital

Tin Men Capital’s investment in this round makes it the first and sole investor in Overdrive.

Singapore’s CapitaLand forms JV to acquire Shanghai building for $400m

With this latest acquisition, CapitaLand now owns and manages 21 commercial properties in Shanghai.

Law firms vs digital disruption: the emergence of legaltech in SEA

With technology disrupting all walks of life, the legal industry, too, is seeing a growing demand for legaltech and regtech to increase efficiency and lower operational costs.

SE Asian unicorns to continue hogging capital in 2019, no signs of big exits yet

If 2018 was the year SE Asia got its first decacorn in Grab, then what can we expect from 2019? Some after-effects of the global economic headwinds, a few large acquisitions but no unicorn-sized exits just yet. 

ARA, UK property group Chelsfield buy Singapore office building in JV deal

The building was earlier jointly owned by a Keppel Corp fund and Singapore-listed property developer City Developments.

Nova Buildings acquires BlueScope’s fabrication assets in Vietnam

The fabrication plant will serve as Nova Buildings’ key manufacturing hub for supply of pre-engineered buildings across Southeast Asia

Reebonz Holding makes tepid Nasdaq debut

Reebonz Holding is the entity formed after the merger of Singapore’s online luxury marketplace Reebonz with Nasdaq-listed DOTA.

Private equity in Southeast Asia ready for the next phase of growth

Could 2019 mark the coming of age of PE in SE Asia? We ask industry insiders and look at top fundraisings and deals in 2018.